InterQuest Group Ltd

Calian to Hold Conference Call Following Announcement of Fourth Quarter FY 2023 Results

Retrieved on: 
Monday, November 13, 2023

OTTAWA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, will hold a conference call at 8:30 a.m. Eastern Time on Tuesday, November 28, 2023, to discuss results for the three-month and annual periods ended September 30, 2023.

Key Points: 
  • OTTAWA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, will hold a conference call at 8:30 a.m. Eastern Time on Tuesday, November 28, 2023, to discuss results for the three-month and annual periods ended September 30, 2023.
  • The results will be released on Monday, November 27, 2023, after financial markets close.
  • Interested participants from the financial and media community should join the live presentation by going to the Calian website and clicking on the Investors section to find the conference call link or directly via the following URL: https://edge.media-server.com/mmc/p/taoetip4/
    A replay of the audio webcast will be available at the same location following the conclusion of the call.

Cazoo To Complete Exchange Offer with 100% of Noteholders

Retrieved on: 
Tuesday, December 5, 2023

Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK online used car retailer, which makes buying and selling a car as simple as ordering any other product online, announces today the final results of its previously announced exchange offer (the “Exchange Offer”).

Key Points: 
  • Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK online used car retailer, which makes buying and selling a car as simple as ordering any other product online, announces today the final results of its previously announced exchange offer (the “Exchange Offer”).
  • In the Exchange Offer, Cazoo offered to exchange $630 million aggregate principal amount of its 2.00% Convertible Senior Notes due 2027 (the “Convertible Notes”) for a pro rata portion of (1) $200 million aggregate principal amount of 4.00%/2.00% cash/payment-in-kind toggle senior secured notes due 2027 and (2) Class A ordinary shares of Cazoo which will represent 92% of the total Class A ordinary shares outstanding upon consummation of the Exchange Offer.
  • The settlement of the Exchange Offer is expected to occur on December 6, 2023.
  • As of the expiration of the Exchange Offer at 11:59 p.m., New York City time on December 4, 2023, $630,000,000 aggregate principal amount of the Convertible Notes were validly tendered and accepted, representing 100% of the outstanding Convertible Notes.

Calian Announces Certain Preliminary Unaudited Results for Fiscal 2023

Retrieved on: 
Thursday, October 26, 2023

OTTAWA, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, is announcing certain preliminary, unaudited financial results for its FY23 ended September 30, 2023.

Key Points: 
  • OTTAWA, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, is announcing certain preliminary, unaudited financial results for its FY23 ended September 30, 2023.
  • These preliminary results represent the highest ever revenue and adjusted EBITDA quarter and the 6th consecutive year of double-digit revenue growth.
  • We look forward to discussing these results after we release them on November 27th,” said Kevin Ford, Calian Chief Executive Officer.
  • Financial results for the year ended September 30, 2023, will be released on November 27, 2023, after financial markets close.

Cazoo to Announce Third Quarter 2023 Results on October 25, 2023

Retrieved on: 
Wednesday, October 11, 2023

Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK’s independent leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces the Company will release its third quarter 2023 results before the U.S. stock market opens on Wednesday, October 25, 2023.

Key Points: 
  • Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK’s independent leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces the Company will release its third quarter 2023 results before the U.S. stock market opens on Wednesday, October 25, 2023.
  • The Company will host a conference call at 8:00 a.m. Eastern Time that day.
  • Investors and analysts interested in participating in the call are invited to dial 1-877-704-6255, or for international callers, 1-215-268-9947.

Gambling market in the UK to grow by USD 2.83 billion between 2021 to 2026 | Growth opportunities led by 888 Holdings Plc and Bet365 Group Ltd. - Technavio

Retrieved on: 
Friday, August 25, 2023

The growth of the online gambling market is driving the growth of the market.

Key Points: 
  • The growth of the online gambling market is driving the growth of the market.
  • Hence, the continued growth of online gambling at the expense of conventional gambling operations will drive the gambling market in the UK during the forecast period.
  • Gambling Market in UK 2022-2026: Market Dynamics
    The implementation of artificial intelligence (AI) in gambling is an emerging market trend.
  • Gambling Market in UK 2022-2026: Segmentation
    Gambling Market in UK is segmented as below:

Cazoo Provides Business Performance & Strategic Update for April 2023

Retrieved on: 
Monday, May 22, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230522005599/en/
    Paul Whitehead, Chief Executive Officer of Cazoo, commented, “I am very pleased with our performance so far in the second quarter 2023.
  • In Q2 2023, we expect Retail GPU to exceed £1,200, a significant further increase on the record level of £980 achieved in Q1 2023 (up 20+% QoQ) and up from £309 in Q2 2022 (up 280+% YoY).
  • The cash position at the end of April was £215 million1 of cash and cash equivalents (March 31, 2023: £215 million1) and approximately £50 million of self-financed inventory (March 31, 2023: ~£60 million).
  • We have now completed our exit from the EU, allowing us to focus our efforts fully on the UK market, the largest in Europe.

Cazoo Announces First Quarter 2023 Financial Results

Retrieved on: 
Thursday, April 27, 2023

Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK’s leading independent online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces its financial results for the three months ended March 31, 2023.

Key Points: 
  • Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK’s leading independent online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces its financial results for the three months ended March 31, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230427005033/en/
    Paul Whitehead, Chief Executive Officer of Cazoo, commented, “I am very pleased with our performance in the first quarter of 2023.
  • Our focus on unit economics, together with the restructuring changes, is starting to bear fruit as evident in the significant improvement in Retail GPU to £980 in Q1 2023.
  • We expect to see a reduction in SG&A2 run rates of over £25 million per quarter by Q4 2023, representing over £100 million of annualised savings going into 2024.

Cazoo Announces Filing of Annual Report on Form 20-F for Fiscal Year 2022

Retrieved on: 
Thursday, March 30, 2023

Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK’s leading independent online car retailer, which makes buying and selling a car as simple as ordering any other product online, announces that it has filed its annual report on Form 20-F for the fiscal year ending December 31, 2022 with the Securities and Exchange Commission on March 30, 2023.

Key Points: 
  • Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK’s leading independent online car retailer, which makes buying and selling a car as simple as ordering any other product online, announces that it has filed its annual report on Form 20-F for the fiscal year ending December 31, 2022 with the Securities and Exchange Commission on March 30, 2023.
  • The annual report on Form 20-F, including the Company’s audited financial statements, can be accessed on the SEC’s website at http://www.sec.gov , as well as on the Company’s investor relations website at https://investors.cazoo.co.uk/ .
  • The Company will provide a hard copy of its annual report to its shareholders upon request.
  • Requests should be directed via e-mail at [email protected]

Cazoo Provides Year-to-Date Business Performance Update

Retrieved on: 
Tuesday, March 7, 2023

Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK’s leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, provides an update on its business performance since the start of the year and its progress with the business restructuring announced in January.

Key Points: 
  • Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK’s leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, provides an update on its business performance since the start of the year and its progress with the business restructuring announced in January.
  • View the full release here: https://www.businesswire.com/news/home/20230307005328/en/
    Cazoo Single Car Transporter Line Up (Photo: Business Wire)
    Alex Chesterman OBE, Founder & CEO of Cazoo, commented, “I am very pleased with our progress and performance so far in 2023 despite the challenging economic backdrop.
  • Strong results year-to-date are driven by the swift and decisive management action to progress with restructuring of the Group.
  • We will provide a further business update when we report 2022 full year and Q4 results.”

naked Group and Trip.com Group Announce Joint Venture to Expand Cooperation in the Sustainable Luxury Lifestyle Sector

Retrieved on: 
Monday, February 20, 2023

SHANGHAI, Feb. 20, 2023 /PRNewswire/ -- naked Group Ltd. and Trip.com Group (NASDAQ: TCOM) have announced a new joint venture focused on expanding cooperation in the sustainable luxury sector in China and globally.

Key Points: 
  • SHANGHAI, Feb. 20, 2023 /PRNewswire/ -- naked Group Ltd. and Trip.com Group (NASDAQ: TCOM) have announced a new joint venture focused on expanding cooperation in the sustainable luxury sector in China and globally.
  • In recent years, both naked Group and Trip.com Group have carried out extensive work around rural revitalization, with naked Group developing luxury resorts and Trip.com Group targeting high-end homestays.
  • The expanded partnership will see naked Group & Trip.com Group work together to grow the naked brand globally through collaboration at multiple levels, encompassing high-end hospitality, technological innovation, promotion of sustainable lifestyles and more.
  • naked Group and Trip.com Group both strongly believe that technology will continue to play an increasingly important role in people's lives.